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Creating Wealth: Retire in Ten Years Using Allen's Seven Principles of Wealth!
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Sales rank 515,792
Customers rating (based on 44 reviews)
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With over two million copies of his books in print, Robert G. Allen has become a national phenomenon. His innovative investment strategies have helped thousands create their own wealth, and in this new and revised edition of Creating Wealth you'll discover the Allen way to financial success. Programmed to think that saving is good, debt and risk-taking bad, we disqualify ourselves from ever having a chance at big money. The first step in creating wealth is to stop thinking poor. Then you're ready to create your own version of the Allen plan, keyed to integrating real estate with other wealth-generating investments. These principles and others can start you on the path of financial self-reliance: * The Automatic Pilot Principle * Enormous Profits in Discounted Mortgages * Numismatics: the Secret of the Midas Touch * Liquid Money and Where to Pour It * Insulating Your Assets from Liability and Lawyers
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| Publisher | Fireside | | Release date | 04/1986 | | Availability | | | Edition | Paperback |
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very interesting but takes a while to get into it at the begining.
Blank out of your mind for a moment,
everything you were taught in school,
taught by your parents,family and friends,
by pubilicity,and even your bank manager, now,
read this with an open mind.
When you're finished ask yourself,what if I put this into practice, how will it change my life?
 Create The Wealth You Dream Of!
Robert Allen has been a mentor of mine for several years and he is a supremely intelligent man. His book Creating Wealth contains a 'wealth' (pardon the pun!) of information and strategies on how one can change their thoughts, take action steps, implement them and create a stream of residual income for life. It is a must read for anyone looking to change their financial future and build wealth for themselves and their families.
Excellent Book
Robert G. Allen's book Creating Wealth was very helpful to me. My wife and I have had a lifetime of real estate experience, owning, managing, selling, and buying real estate of all kinds throughout the country.
We have, in fact, written our own book based on our successful experience, SELLING FAST: We Sold Our House In One Day And You Can Too. We have followed Allen over the years. His writing is lucid, his concepts accurate from our experience, which spans 42 years. I was president/CEO of a large mutual insurer which held millions of dollars in property and securities. That experience and running our own duplex, apartments, and rental houses over the years made us wealthy. Though I made a fantastic salary as company president, nothing was as remunerative as working with our own real estate. I was especially impressed with Allen's Chapter 16 in Creating Wealth: "How the Rich Pay Lower Taxes."
He uses simple, very understandable words and examples, with diagrams that teach. For example, he likens income and the tax burden to a tank of water, with a tax facet near the top and different sections for spendable income and taxes and a business expense faucet.
Anyone experienced in real estate must understand what is deductible and what is not. Allen makes this clear. This is not to say that each owner of real estate is out to take the U.S. government and the IRS for a ride. Quite the contrary--there are legal deductible business expenses that can and should be utilized. I take exception to the review by KAZU, who claims to be a CPA, that denigrates Allen for publicizing these things. Nothing in his book persuades people to break the law. Rather, it suggests that in order to grow your wealth you must use every legal way to preserve and grow your real estate income. I give this book five stars for excellence.
Creating wealth
Very good book. I recommend it to anyone who wants to improve their financial literacy. When you know how to make money then make that money work for you easily, it will never matter what the economy is doing or where your at or with who, you will always know you will live a life of luxury.
Don't buy it if you don't want REAL RESULTS
Allen's book provides a pragmatic perspective on real estate. Much better than Carlton Sheets and other books on Real Estate Investment. There are a gizillion books on Real Estate and building financial wealth, however most of them are filled with common-sense cliches and psychological mumbo jumbo. If you want to gain real wealth,you must read these books:
1.The 12 Month Millionaire (http://www.12monthmillionairebook.net.tc/ )
2. Trump:How to get Rich (Amazon.com)
3.The Automatic Millionaire: A Powerful One-Step Plan to Live and Finish Rich (Amazon.com)
4.Creating Wealth (Amazon.com)
--Matthew
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